Zip 51247 (Rock Valley, IA) Economy


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United States / Iowa / No Metro Area / Sioux County / Rock Valley / Rock Valley (zip 51247)
51247 Rock Valley, IA is a great place to live for those looking for an affordable place to call home. The two bedroom rent is $810, making it much more affordable than the US average of $1,430. Additionally, with a Grocery Cost Index of 97, there are plenty of opportunities to save on food costs as well.
The local economy in 51247 Rock Valley, IA consists mainly of agricultural services such as the Sioux County Pork Producers, Sioux County Cattlemen Association, and Prairie Gold Dairy LLC. These companies are important because they provide job opportunities for local residents and help to create a sustainable economy by producing goods for the larger market in Iowa and beyond. They also provide valuable education about agriculture so that future generations can continue to enjoy the benefits of their work.

Rock Valley (zip 51247) has an unemployment rate of 3.0%. The US average is 6.0%.

Rock Valley (zip 51247) has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Rock Valley (zip 51247)
- The Sales Tax Rate for Rock Valley (zip 51247) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rock Valley (zip 51247) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Rock Valley (zip 51247)
- The average income of a Rock Valley (zip 51247) resident is $24,221 a year. The US average is $28,555 a year.
- The Median household income of a Rock Valley (zip 51247) resident is $68,281 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRock Valley, IowaUnited States
  36
  -3.4%-6.2%
  24.1%33.5%
  7.0%6.2%
  7.5%4.6%
  $31,430$37,638
  $68,281$69,021
  $83,133$85,028
  Population by Occupation
  6.4%1.2%
  0.0%0.5%
  13.1%6.8%
  22.1%10.0%
  6.9%2.5%
  8.7%11.0%
  3.4%4.8%
  0.5%0.8%
  0.4%1.9%
  3.2%4.7%
  1.1%1.9%
  2.3%7.6%
  0.0%0.1%
  1.4%4.2%
  9.2%9.3%
  11.4%14.0%
  1.0%2.1%
  2.1%7.0%
  6.4%4.8%
  0.5%4.7%
Health